Lion Capital

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Food industry news of the week: Bumble Bee, ConAgra, Kraft

22 Dec 2014

Days before Christmas came one of the more notable deals of recent months with Thai seafood giant Thai Union Frozen swooping for US group Bumble Bee Foods. In the US, ConAgra Foods wrote down the value of its own-label arm and Kraft Foods Group announced a new CEO. Elsewhere, Australian retailer Coles admitted payments it demanded from suppliers broke competition law and we interviewed the CEO of Groupe Doux, the French poultry group getting itself back on a firmer footing a year after emerging from administration.

Thai Union to buy US seafood firm Bumble Bee

19 Dec 2014

Thai Union Frozen Products has struck a deal to buy US canned seafood supplier Bumble Bee Foods from private-equity firm Lion Capital for US$1.51bn.

Bright Food "eyes 2016 listings for Weetabix, Manassen"

6 Nov 2014

China's Bright Food Co. is reportedly targeting listings of UK breakfast cereal business Weetabix and Australian food group Manassen Foods in the next two years.

Mitsubishi coy over Bumble Bee Foods link

14 Oct 2014

Japanese conglomerate Mitsubishi Corp. has declined to comment on speculation it has joined the race for the takeover for US canned tuna giant Bumble Bee Foods.

BRICs and beyond: How Bright Food is furthering its international strategy

14 Oct 2014

State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.

Bright "to take full control of Weetabix"

13 Oct 2014

Chinese food giant Bright Food is reportedly preparing to take full control of UK cereal business Weetabix.

US: Post, Thai Union "interested in Bumble Bee takeover"

21 Aug 2014

US food group Post Holdings and tuna giant Thai Union Frozen have reportedly both indicated their interest in buying US canned seafood group Bumble Bee Foods.

US: Lion Capital "readies Bumble Bee Foods sale"

1 Jul 2014

Private-equity group Lion Capital is reportedly setting out plans to run an auction for US-based canned seafood processor Bumble Bee Foods.

just-food's review of 2013: the trends that shaped 2013 M&A

6 Jan 2014

M&A levels remained relatively subdued in 2013. Growing private-equity interest and something of a shift in capital flows to mature markets have been significant trends shaping the M&A landscape. While gaining routes-to-market in emerging economies has remained key for strategic buyers. Katy Askew examines some of the stand-out deals of the past 12 months.

CHINA: Bright Food "will consider listing" for Weetabix

21 Nov 2013

Bright Food, the Chinese food group that owns a controlling stake in UK cereal maker Weetabix, is understood to have confirmed its interest in listing the business.

Deal or no deal: Del Monte Foods to can consumer business?

21 Jun 2013

Del Monte Foods is said to be looking to offload its canned food business. Such a deal may not come as a surprise to industry observers given the increasing competition it faces in North America and its focus on pet food but Michelle Russell takes a look at why it might look to divest the unit and who might buy

EU/NETHERLANDS: Brussels clears new majority owner of snacks firm Ad van Geloven

4 Jun 2013

Dutch snacks firm Ad van Geloven is set for a new majority shareholder after The European Commission cleared a move from private-equity firm Avedon Capital Partners to buy a controlling stake in the firm.

HORSEMEAT: Recalls in Norway, Belgium and Switzerland

14 Feb 2013

Retailers in Norway, Belgium and Switzerland have become the latest to pull products from shelves amid concerns their lines could contain horsemeat.

NETHERLANDS: Dutch retailers Plus, Boni recall lasagnes

13 Feb 2013

Two Dutch supermarket chains have become the latest European retailers to pull frozen lasagnes from shelves amid concerns the lines could contain horse meat.

GERMANY: Retail chain Kaiser's pulls lasagnes amid horse meat fears

11 Feb 2013

German retailer Tengelmann has confirmed its Kaiser's supermarket chain has pulled frozen lasagnes from shelves amid concerns the lines could contain horse meat.

FRANCE: French retailers pull products amid horse meat fears

11 Feb 2013

Six of France's largest retail chains have pulled products from their shelves amid concerns the lines could contain horse meat.

just-food review of 2012: M&A revival but caution hinders big deals

19 Dec 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

US: Lion Capital pays US$980m for seafood firm Bumble Bee Foods

16 Dec 2010

US seafood firm Bumble Bee Foods has been sold for US$980m, it has been revealed, after its owner said yesterday (15 December) that the deal, first announced last month, had been completed.

US: Lion Capital funds buy Bumble Bee Foods

5 Nov 2010

Funds advised by the private equity group Lion Capital are to acquire the operating companies of Bumble Bee Foods, a portfolio company of Centre Partners Management LLC.

2



Forgot your password?